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1(a) Mr.Abdullah, who has been pursuing B.Tech in IT under diploma II year in the Salalah College of Technology since 2018, is the best friend

1(a) Mr.Abdullah, who has been pursuing B.Tech in IT under diploma II year in the Salalah College of Technology since 2018, is the best friend of Mr.Nasser, who has been studying in Business under diploma II year in the Salalah College of Technology. Both of them are in home on account of Covid-19 pandemic and lockdown of entire nation in order to prevent the disease. As Mr.Abdullah is very much interested in Business and intends to commence retail merchandising business in Dhofar region after his graduation, He requested Mr. Nasser to prepare a report in detail explaining the Merchandising business, payment terms, shipping terms, Merchandise inventory and two types of inventory system and suggesting the best inventory system for merchandising business. Assume you are a Mr. Nasser, Write a Report containing above points in your own words. (10 marks).

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